Dispensing Spouts Market Size & Share to See Modest Growth Through 2024

Sarasota, FL -- (SBWire) -- 10/13/2017 --After removal of the desired quantity of product, dispensing spouts are used to reseal the packaging. They are extensively used in packaging of liquid or viscous forms of product. Dispensing spout provides the convenience of carrying and using the product. They may be in the shape of the pump, cap, valve, or dropper depending upon the product.

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The global dispensing spouts market is segmented into its material type, sealing type, spout type, packaging type, end-use industry, and geography. On the basis of material type, the market is divided into HDPE, PET, plastic, and metal dispensing spouts. Based on sealing type, the market is classified into without liner and liner dispensing spouts. On the basis of spout type, the market is categorized into valve, pumps, dropper, and cap. Based on packaging type, the market is divided into bulk grocery bags, tubes, jars, liquid cartons, bottle, and pouch. On the basis of end-user industry, the market is bifurcated into chemical and petrochemical industry, home care and personal care, pharmaceuticals, and food and beverage industries. Diversification based on geography is seen into North America, Europe, Latin America, the Middle East and Africa, and Asia Pacific.

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Dispensing spouts are specially designed to enable the user to frequently use the product according to their desired quantity. This need among the consumers will drive the dispensing spouts market growth. A wide range of application and convenience in the use of dispensing spouts will further boost the market growth. The dispensing spout has applications in markets such as food and beverages, toiletries, home care, and household chemicals among others. Use of dispensing spouts help to reduce the costs of manufacturing as well as it reduces the carbon footprints of packaging. However, the use of water dispensing is prone to have bacterial growth which may hamper the market growth.

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North America dominates the dispensing spouts market across the globe. Growth in the consumer goods market is simultaneously increasing the demand for dispensing spouts in this region. The U.S. and Canada are the major growth centers in North America. Asia Pacific will be following the growth of North America primarily due to the changing lifestyles of the individuals and changing retail patterns in this region especially in China. Other countries in Asia Pacific such as Japan, India, New Zealand, and Australia will be showing a healthy market growth. Europe will grow at a moderate pace in the coming years. Latin America and the Middle East and Africa will also register a considerable growth in the dispensing spouts market.

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Some of the major companies in the global dispensing spout market include Nilkanth Polyplast., AptarGroup Inc., Rieke Corporation, O.Berk Company LLC., Elkay Manufacturing Company Inc., Weener Plastik GmbH., Uflex Ltd., Guangdong Danqing Plastic Packaging & Printing Co. Ltd., Liqui-Box Corporation, Tacom SA, Pöppelmann GmbH. & Co. KG, Stern Engineering Ltd., Precision Valve Corporation, Glenroy, Inc., and Tomlinson Industries.